Investing for a better world
- On February 14, 2019
- By GrowthInvest Admin
You might argue that the most attractive thing about EIS and VCT funds is the raft of tax benefits that accompany them. They certainly are generous – both are CGT-free and offer 30% income tax relief. But focus too much on the tax and you might miss one of their most rewarding and exciting aspects.
Those tax benefits exist because investors are putting their capital at risk. Small unquoted companies by their nature are higher risk than their large listed counterparts, however their potential to affect transformative change to an industry and provide impressive investor returns has long been proven.
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